Defined contribution (DC) drawdown providers will have to offer non-advised consumers investment pathways from August 2020, the Financial Conduct Authority (FCA) has said.
In the final rules and guidance for its Retirement Outcomes Review released this morning (30 July), the FCA said that consumers entering drawdown, or transferring assets already in drawdown to a new provider,...
Consumer complaints against firms for misadvised DB transfers also rising
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Retail investors set to be restricted initially
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